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[hfe_template id='11223'] [ad_1] Markets began the week on a weak note, influenced by global cues, and declined by over half a percent. In today's trade, shares of Titan, Asian Paints, Power Grid, Nestle, Gland Pharma among others will be in focus due to various news developments and third quarter results. Titan, Asian Paints, Tata Power Shares of Titan, Asian Paints, Tata Power will be in focus as the companies will announce their quarterly results later today. GRSE Garden Reach Shipbuilders Engineers (GRSE) reported 11% year-on-year (YoY) growth in its net profit at Rs 98 crore for the quarter ended December 2024. The same stood at Rs 88 crore in the year-ago period. Power Grid Power Grid Corp missed third-quarter profit estimates, largely because of sluggish power demand. The state-run energy transmission company's consolidated net profit fell 4% to Rs 3862 crore. Nestle India Packaged foods maker Nestle SA is evaluating bringing its global partnership with St...

[hfe_template id='11223'] [ad_1] Shares of Hitachi Energy climbed about 10% on Monday to Rs 12,812 on BSE after the company secured a project order from Power Grid Corporation in partnership with state-owned engineering firm BHEL. The order is to design and execute the 800kV, 6,000 MW, 1,200 km High Voltage Direct Current (HVDC) terminal stations to evacuate renewable energy from Khavda in Gujarat to Nagpur in Maharashtra, the company filing said. This project is part of the interstate transmission system (ISTS) for evacuating 8 GW of renewable energy under Phase V: Part A from the Khavda Renewable Energy Zone in Gujarat, feeding into the country's 500 GW renewable evacuation and transmission plan. Expected to be executed by 2029, the project crosses 1,200 km and feeds into a 500 GW renewable evacuation and interstate transmission system. The order was awarded by Power Grid Corporation of India on behalf of its Project SPV (special purpose vehicle) company. Also read...

[hfe_template id='11223'] [ad_1] The Indian equity market concluded Friday with a 0.5% weekly gain, led by gains in banking, financial, and metal stocks. As markets reopen on Monday, a mix of domestic and international events—including Q2 earnings reports, the US election, and global market dynamics—will likely shape market movements. On Friday, the Nifty 50 and BSE Sensex rose by 0.41% and 0.42%, respectively, during a special Diwali "muhurat" trading session. Auto stocks led this upward move, bolstered by strong monthly sales data. "The domestic market showed positive reversal signs this week, aided by festive sentiment, steady institutional inflows, and declining oil prices," said Vinod Nair, Head of Research at Geojit Financial Services. Market sentiment was also uplifted by easing geopolitical tensions and positive India-China relations. Q2 Earnings Investors will closely watch corporate earnings as the next batch of Q2FY25 results to be released...